Want this question answered?
Be notified when an answer is posted
Chat with our AI personalities
The 1040 tax table was invented at the IRS (Internal Revenue Service) offices. The IRS is a government department that is focused on the collecting of taxes.
They don't tax a 1099 form. A 1099 form is an information return. The payer sends the recipient the 1099 form letting them know how much they paid them in the prior year. The payer sends the 1099 form to the IRS as well. The recipient reports this income on Form 1040. The IRS then double checks that what was paid, was received. The IRS uses the 1099 forms to double check but also to gain information. They can follow the money and then tax money flow when they feel like it.
yes, they like americans but not like americans
when they do not like it. when they do not like it.
Your